Financial Conduct Authorities United Kingdom allege that Crypto Platforms Assists in Money Laundering
British regulator the Financial Conduct Authority (FCA) has taken a massive swipe at the crypto industry, labeling exchanges as platforms for money laundering.Global regulators have been railing against crypto over…
Lawsuit filed against Silvergate accusing firm of playing a part in the collapse of FTX.
Joewy Gonzalez filed the action on behalf of himself and others in a similar position. In the Southern District Court of California, clients of insolvent cryptocurrency firms FTX and Alameda…
Binance’s Proof-of-Reserves Audit confirmed and verified by CryptoQuant authentic
The investigation verifies that all of Binance’s reserves can be accounted for.According to Nansen, of Binance’s stated $60.4 billion in assets, $6.2 billion was BNB.Recently, the outcomes of Binance’s proof-of-reserves…
Donald Trump launch Personal NFT Collection
Trump is selling digital baseball cards depicting himself in various outfits. Former U.S. President Donald Trump has announced a personal NFT collection featuring the art from his life and career.…
KuCoin Exchange is Operating Illegally says Dutch Central Bank
The prominent exchange officially began operations in October 2019 in Netherlands.KuCoin has now disclosed its proof-of-reserves in an effort to increase transparency. The Dutch central bank released a statement on…
Business Mogul Kevin O’Leary Criticizes Binance Over FTX Fall
Kevin O’Leary, a Canadian entrepreneur and star of the show “Shark Tank,” has today criticized the cryptocurrency exchange Binance, saying it intentionally caused the FTX to crash. The celebrity businessman…
Microsoft Bans Crypto Mining on their Cloud Platform
Specifically, the update prevents users from mining on any Microsoft online service. Microsoft’s new policy limits cryptocurrency mining on its cloud services. Microsoft updated its terms of service to explicitly…
Polkastarter GAM3 reward Winners in an event officially
The Polkastarter GAM3 Awards, known as the Grammys for web3 gaming, have announced its winners. The first-ever industry awards were concluded on December 15 with the live announcement of the…
Cathie Wood Purchase Almost $24 Million Worth of Coinbase and Tesla Shares
Ark Invest’s Cathie Wood acquired 297,000 COIN shares and 75,000 TSLA stocks. The Founder and CEO of Ark Invest – Cathie Wood – purchased 297,000 shares of Coinbase for approximately…
Will the BUSD Upon Paxos Survive?
BUSD gets regulated by the NYDFS for Ethereum (ETH) through Paxos. BUSD complies fully with the regulations of NYDFS. Speculations arise on the trustworthiness of BUSD.Apart from just having a…